What are the primary differences between the services covered and the populations served by Medi

step 1 Hello students. In this video we will be discussing about the social insurance and public assist

What are the primary differences between the services...

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Key Concepts

Medicare

Medicare is a federally administered health insurance program primarily serving individuals aged 65 and older and certain younger people with disabilities. It focuses on covering acute medical care, such as hospital and outpatient services, and prescription drugs, emphasizing short-term, medically necessary treatment rather than long-term care services.

Medicaid

Medicaid is a joint federal and state program designed for low-income populations, including children, pregnant women, seniors, and individuals with disabilities. It offers a broader range of services than Medicare, including long-term care, home- and community-based support, and other services aimed at meeting the comprehensive needs of individuals with limited income or chronic care requirements.

Long-Term Services and Supports (LTSS)

Long-Term Services and Supports encompass a variety of services that assist individuals with chronic illnesses or disabilities in managing daily activities over an extended period. Medicaid is the primary funder of LTSS, providing critical financial support for long-term care services such as nursing home care, personal care services, and home-based assistance, which are not typically covered by Medicare.

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